Call reports 2010
WESTERN COMMERCIAL BANK — 2010
What WESTERN COMMERCIAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Total assets | 107,654,000 | 109,371,000 | 98,635,000 |
| Total loans | 95,687,000 | 85,871,000 | 74,115,000 |
| Allowance for loan losses | 4,009,000 | 3,549,000 | 3,912,000 |
| Securities available for sale | 4,984,000 | 4,935,000 | 1,888,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 102,106,000 | 104,017,000 | 101,127,000 |
| Interest-bearing deposits | 86,270,000 | 91,664,000 | 81,080,000 |
| Noninterest-bearing deposits | 15,836,000 | 12,353,000 | 20,048,000 |
| Equity capital | 4,928,000 | 4,344,000 | -3,483,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Interest income | 1,210,000 | 2,464,000 | 3,498,000 |
| Interest expense | 428,000 | 794,000 | 1,159,000 |
| Net interest income | 782,000 | 1,670,000 | 2,339,000 |
| Noninterest income | 48,000 | 118,000 | 171,000 |
| Noninterest expense | 1,407,000 | 3,103,000 | 4,974,000 |
| Provision for loan losses | 3,574,000 | 3,574,000 | 10,294,000 |
| Pretax income | -4,151,000 | -4,889,000 | -12,738,000 |
| Income tax | 0 | 1,000 | 1,000 |
| Net income | -4,151,000 | -4,890,000 | -12,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 4,954,000 | 4,266,000 | -3,532,000 |
| Total capital | 6,198,000 | 5,501,000 | -3,532,000 |
| Risk-weighted assets | 96,746,000 | 96,504,000 | 79,638,000 |